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Anthropic and OpenAI capture 89% of revenue, as Anthropic overtakes OpenAI
OpenAI and Anthropic now capture 89% of annualized revenue among top AI startups. This group includes 34 leading companies in the sector. Their combined...
Activision settles $250M lawsuit, over rushed Microsoft deal and harassment scandals
Activision Blizzard shareholders reached a $250 million settlement to resolve a Delaware class-action lawsuit. A late Thursday court filing confirmed the...
Microsoft Loses CMO Yusuf Mehdi, Amid AI Leadership Reshuffle
Microsoft Consumer Chief Marketing Officer Yusuf Mehdi will depart after the next fiscal year. Mehdi has served at the company for 35 years. He currently...
Microsoft Scraps Traditional Leadership Team, Accelerating AI Development
CEO Satya Nadella overhauled Microsoft’s senior leadership structure to compete more effectively in the global AI race. The company retired its decades-old...
Microsoft and EY Invest $1B in AI, Scaling Copilot to 400,000 Staff
Microsoft and EY are launching a $1 billion joint investment over five years to accelerate enterprise AI adoption. The partnership pairs engineers and...
xAI records $6.4 billion loss, reversing SpaceX profits ahead of IPO
Elon Musk’s xAI reported a $6.4 billion operating loss for 2025. SpaceX disclosed these financial details within its initial public offering (IPO) S-1...
OpenAI invests in every Y Combinator startup, offering $2 million in tokens
OpenAI CEO Sam Altman offered to invest in every startup within the current Y Combinator (YC) accelerator batch. Each participating company will receive $2...
Microsoft Dismantles Global Malware-Signing Ring, Seizing Hundreds of Virtual Servers
Microsoft disrupted a significant malware-signing-as-a-service (MSaaS) operation on May 20, 2026. The group, identified as Fox Tempest, provided fraudulent...
OpenAI disproves 1946 Erdős conjecture, signaling major leap toward AGI
OpenAI announced an internal reasoning model disproved the Erdős unit distance conjecture. Paul Erdős first posed this discrete geometry problem in 1946. The...
OpenAI prepares confidential IPO filing, targeting $1 trillion valuation
ChatGPT creator OpenAI is preparing a confidential initial public offering filing for submission as early as this week. The company is drafting its prospectus...
Microsoft hires Matthew Ball and AI veteran to lead Xbox strategy
Microsoft appointed Matthew Ball as Chief Strategy Officer for its Xbox division. Ball is the CEO of Epyllion and a prominent theorist on the metaverse and...
Microsoft signs 650,000-ton carbon removal deal, ending market pause fears
Microsoft signed a seven-year agreement with Danish energy producer BioCirc to purchase 650,000 tons of carbon removal credits. The project will capture and...
OpenAI offers $2M in tokens to Y Combinator startups, trading compute for equity
OpenAI CEO Sam Altman offered $2 million in tokens to every startup in the current Y Combinator batch. The investment reportedly requires equity stakes in the...
GitHub Confirms 3,800 Repositories Breached, Citing Malicious VS Code Extension
Microsoft's GitHub confirmed a breach of internal repositories on May 20, 2026. The incident compromised approximately 3,800 repositories. An employee...
GitHub Probes Internal Repository Breach, Finds No Customer Data Impact
GitHub is investigating unauthorized access to its internal code repositories. The Microsoft-owned company announced the security probe on its official X...
OpenAI launches Guaranteed Capacity, securing multi-year enterprise compute deals
OpenAI introduced Guaranteed Capacity to provide businesses reserved access to AI model computing power. The program requires one- to three-year...
Tech giants mine employee data for AI, seeking proprietary advantage
Microsoft, Meta, and xAI are leveraging employee data to train artificial intelligence models. This strategy aims to secure a competitive advantage through...
Microsoft Unveils New Intel-Based Surface Laptops and Pro Tablet for Business
Microsoft has launched a new lineup of Surface devices for commercial customers, featuring Intel's latest Core Ultra Series 3 processors. The refresh includes...
KPMG integrates Anthropic’s Claude AI, boosting global tax efficiency
KPMG has formed a global alliance with Anthropic to integrate Claude AI models into its Digital Gateway client delivery platform. The partnership initially...
Microsoft Gains $2.1 Billion Ackman Stake, Citing AI and Cloud Growth
Pershing Square Capital Management established a new position in Microsoft. Regulatory filings and statements from billionaire investor Bill Ackman confirmed...